Stocks start week in red

By Minh Hieu February 10, 2025 | 02:23 am PT

An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

Vietnam's benchmark VN-Index fell 0.94% to 1,263.26 points Monday.

The index closed 11.94 points lower after gaining 3.72 points in the previous session.

Trading on the Ho Chi Minh Stock Exchange increased by 28% to VND18.878 trillion (US$743.7 million).

The VN-30 basket, comprising the 30 largest capped stocks, saw 16 tickers closed in the red.

HPG of steelmaker Hoa Phat Group saw the biggest drop of 4.7%, followed by FPT of IT giant FPT Corporation with a 2.8% decline and MWG of electronics retail chain Mobile World, down 2.5%.

Nine blue chips gained. STB of Ho Chi Minh City-based lender Sacombank went up 2.7%.

MSN of conglomerate Masan Group rose 1.6% and BVH of insurance company Bao Viet Holdings closed 1.5% higher.

Foreign investors were net seller to the tune of VND442 billion, mainly selling FPT and HPG.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.66%, while the UPCoM-Index for the Unlisted Public Companies Market went down 0.62%.